The revenue, in dollars, of a company that produces jeans can be modeled by 2x2 + 17x – 175. The cost, in dollars, of producing
the jeans can be modeled by 2x2 – 3x – 125. The number of pairs of jeans that have been sold is represented by x. The profit is the difference between the revenue and the cost, 20x – 50. If 75 pairs of jeans are sold, what is the company’s profit?
The profit that is gained from the production and selling of the jeans is given to be calculated through the the equation, P = 20x - 50 For 75 jeans, we just have to substitute 75 to the x's of the equation. This then becomes, P = 20(75) - 50 = 1450 Thus, the company will make a profit of $1450 by production of 75 jeans.
